August 2007 Newsletter
Welcome to Lewis Financial's Newsletter for the month of August 2007.
In light of the market volatility we have experienced over the past month and the 'sub-prime' headlines which have been dominating the financial news in recent times, we felt it only fitting that we devote our attention to these issues.
We firstly look at a commentary by AMP Chief Economist, Dr Shane Oliver, on the US Federal Reserve's recent reduction in its discount rate, credit markets and the outlook for the US and Australian share markets.
We have included a couple of articles which discuss the sub-prime lending 'crisis', the fall in base metal prices and the impact that these issues may have on world equity markets.
We also look at a commentary on the Australian Economy and how the upcoming Federal Election could effect the low wages growth we have been enjoying over the past decade, irrespective of a change in Government.
On a lighter note, we have also included some recent news from the Lewis Family.
We hope, as always, that you find the articles of interest. If you have any questions, please feel free to contact us.
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The US Federal Reserve’s (Fed) move to cut its discount rate has aided credit market stabilisation and caused a partial share market rebound.
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This months feature article looks at making sense of the mayhem.
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This months feature article looks at low wages growth and the pre-election impact.
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The Lewis Family and the staff of Lewis Financial are happy to announce the marriage of Josh and Claire Lewis!
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